Beacon Rise Holdings PLC Admission to the Official List (4315G)
29 Março 2022 - 9:49AM
UK Regulatory
TIDMBRS
RNS Number : 4315G
Beacon Rise Holdings PLC
29 March 2022
Beacon Rise Holdings plc
Tuesday 29 March 2022
Admission to trading and first day of dealings (25 March
2022)
Beacon Rise Holdings plc (Beacon Rise or the Company ), a
special purpose acquisition company formed to undertake
acquisitions with operations in the primary and secondary segment
of the education technology sector, is pleased to announce that it
has raised gross proceeds of GBP1,122,000 through the subscription
of 1,072,000 Ordinary Shares at a price of GBP1.00 per Ordinary
Share.
The entire issued share capital of 1,122,000 Ordinary Shares was
admitted to trading by way of Standard Listing on the Main Market
of the London Stock Exchange on 25 March 2022. Dealings in the
Ordinary Shares commenced at 8am on 25 March 2022 under the ticket
"BRS" (ISIN: GB00BMC0V753).
About Beacon Rise
Beacon Rise intends to acquire an education technology company
or business or asset with operations in the education technology
sector in the UK, EU and/or North America with strong underlying
fundamentals, clear broad-based growth drivers and an identifiable
market. The Company uses the term "education technology" to
describe a wide array of teaching and learning related software and
hardware, designed to facilitate collaboration in an active
learning environment. The Company considers the ultimate goal of
educational technology is to boost student outcomes and engagement.
The education technology sector, within the primary and secondary
education segment, focusses on driving the development of education
with advanced technology, tools and content for example by using
interactive digital learning resources, live recording and
broadcasting platforms, adaptive learning systems, high-level
learning ability evaluation systems as well as VR, AR and AI
software and hardware. Following its first acquisition, Beacon Rise
hopes to add complementary businesses via further acquisitions.
Such acquisitions should complement and promote each other,
creating an ecosystem of businesses to target improved educational
results.
The Prospectus published by Beacon Rise in connection with the
Admission is available on Company's website.
Enquiries
For further information, please visit www.beaconrise.uk or
contact Kemp House, 160 City Road, London, EC1V 2NX.
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END
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(END) Dow Jones Newswires
March 29, 2022 08:49 ET (12:49 GMT)
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